@Grace Navera Basically yes, you pay tax on virtually any income other than a gift.

I suspect that as restrictions start getting lifted and we start to legally be able to have actual open houses instead of virtual....there will be a glut of properties come on the market at ridiculously high prices because people will see what their neighbor's property sold for in June and July and the seller's will think they can get a price higher than that.

Here is one of the newest things we have implented in our business.We started using the matterport service to start making virtual tours for all our rentals and flips.

Plenty of breakdowns on different financing options as well.Find the local REIAs in the area, many are still doing virtual meetups.

I would say go a local meetup/virtual meetup.   

Basically they do real estate photos, drone aerial videos, high quality virtual staging, 3d tours, augmented reality of the homes for sale, and free brochure creation that the realtors can customize themselves and have ready almost immediately.

If you pick pieces you really like you will be surprised how the rooms come together to look great, especially if you add art, which you can also buy thrift.

One of the many problems with real estate investing out of state -- you trust your PM, but your PM is everything in OOS investing (at least in my humble opinion), and yet, she isn't able to provide everything for you.What I would do in these cases is attend virtual and in-person meetups, as there is always a contractor or tradesperson who wants to make a name for themselves, or other investors who want to share those contractor/tradespeople who do good work.

Need more information to provide better answerIn our markets we do NOT see any negative effect from Covid19 as it pertains to purchases; as long as you make sure that you price the property well, get great pictures & give people access (both virtually & in person) it will sell

Unfortunately virtually all of these positive things have just recently expired and so far there has been no agreement on doing another round.